Axcelis Technologies (ACLS) shut one of the most current trading day at $126.92, relocating -1.41% from the previous trading session. This relocation delayed the S&P 500’s day-to-day loss of 0.25%. Somewhere else, the Dow got 0.24%, while the tech-heavy Nasdaq shed 1.88%.
Before today’s trading, shares of the semiconductor solutions firm had actually acquired 0.58% over the previous month. This has actually delayed the Computer system as well as Modern technology field’s gain of 6.89% as well as the S&P 500’s gain of 1.48% because time.
Axcelis Technologies will certainly be wanting to show toughness as it nears its following profits launch. On that particular day, Axcelis Technologies is forecasted to report profits of $1.16 per share, which would certainly stand for a year-over-year decrease of 4.92%. On the other hand, the Zacks Agreement Price quote for earnings is forecasting web sales of $240 million, up 17.88% from the year-ago duration.
For the complete year, our Zacks Agreement Price quotes are forecasting profits of $5.55 per share as well as earnings of $982.4 million, which would certainly stand for adjustments of +1.65% as well as +6.78%, specifically, from the previous year.
Financiers could additionally discover current adjustments to expert price quotes for Axcelis Technologies. These alterations aid to reveal the ever-changing nature of near-term service patterns. With this in mind, we can take into consideration favorable price quote alterations an indicator of positive outlook concerning the firm’s service overview.
Our research study reveals that these price quote adjustments are straight associated with near-term supply costs. Financiers can profit from this by utilizing the Zacks Ranking. This version thinks about these price quote adjustments as well as supplies a basic, workable ranking system.
Varying from # 1 (Solid Buy) to # 5 (Solid Offer), the Zacks Ranking system has a tested, outside-audited record of outperformance, with # 1 supplies returning approximately +25% yearly because 1988. Within the previous thirty day, our agreement EPS estimate continued to be stationary. Axcelis Technologies is holding a Zacks Ranking of # 3 (Hold) now.
Taking a look at its assessment, Axcelis Technologies is holding an Ahead P/E proportion of 23.2. This stands for a no obvious discrepancy contrasted to its market’s typical Ahead P/E of 23.2.
The Electronic Devices – Production Equipment market belongs to the Computer system as well as Modern technology field. This market presently has a Zacks Sector Ranking of 227, which places it in the lower 10% of all 250+ markets.
The Zacks Sector Ranking evaluates the toughness of our market teams by determining the typical Zacks Ranking of the specific supplies within the teams. Our research study reveals that the leading 50% ranked markets surpass the lower fifty percent by an aspect of 2 to 1.
You can locate even more info on every one of these metrics, as well as a lot more, on Zacks.com.
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Axcelis Technologies, Inc. (ACLS) : Free Stock Analysis Report
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The sights as well as viewpoints revealed here are the sights as well as viewpoints of the writer as well as do not always show those of Nasdaq, Inc.
